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FOX Business
Feb 2, 2013 12:00am EST
. plus, another nightmare looming for boeing. 23,000 of the engineers could be going on strike on top of the dreamliner fiasco. can it avoid a financial crash landing? we got the details. can you ever have too much "money"? ♪ melissa: okay. on to the always controversial issue of minimum wage, a growing number of states looking to hike the minimum wage with nine states already in connection in- in connectionin connectionincre. could this raise unemployment? with me to crunch the numbers, welcome to the show, steve. now, this is my reaction of raising the minimum wage, which sounds great, raise wages for workers b u feel, you know, places only have a certain amount of income to spend on labor, and they'll fire workers or raise the prices; right? >> it's one of the most studied issues in the world economically, and the vast majority of studies show when you raise minimum raise, you destroy low wage jobs, mostly for teenagers, and the reason you do that, of course, is because government can tell a business you need to raise, you know, your rates, but it can't -- they are not giving the
Feb 7, 2013 5:30pm PST
deepens in what's grounded boeing's plane of the future. and a hero to millions recovers from a health scare when the cbs evening news continues. that company, the united states postal service® works for thousands of home businesses. because at® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service® no business too small. if you have high blood pressure and get a cold get coricidin hbp. the number one pharmacist recommended cold brand designed for people with high blood pressure. and the only one i use to relieve my cold symptoms without raising my blood pressure. coricidin hbp. >> with hotwire's low prices i can afford to visit chicago for my first big race and l.a. for my best friend's wedding. because when hotels have unsold rooms, they use hotwire to fill them. so i got my hotels for half-price! >> men: ♪ h-o-t-w-i-r-e ♪ ♪ ♪ copd makes it hard to breathe but with advair, i'm breathing better. so now i can be in the scene. advair is clin
Feb 7, 2013 4:30am PST
a hatch cover. an alarm should have gone up to indicate something. >> a boeing 787 dreamliner will take to the skies today despite a world-wide grounding of the jet amid a safety investigation. katie marzullo is back from new orleans in the newsroom. this is a test flight, right? >> it is. where are the beignets, by the way? the f.a.a. is allowing boeing to conduct a ferry flight with a 787 from texas to washington state today. the only people are those needed to operate the flight. the flight will be used to test the batteries which are believed to be the cause of a fire in early january that forced the grounding of the fleet. the crew must continuously monitor the flight computer for battery-related messages and land immediately if a message pops up. also, the national transportation board will publicly quoting boeing and the f.a.a. asking if the batteries were adequately tested. united is taking the boeing 787 dreamliner out of the flying plans for the month but will start new 787 flights from denver to tokyo march 31. japan has canceled their 787 flying through march 30. boeing's vi
Feb 7, 2013 7:00am EST
of business. is the dreamliner keeping bosses at boeing awake? >> boeing desperately wants to see those dreamliners back in the air. they are still stuck on the tarmac. officials give us an update on the investigation. officials are likely to say we are still weeks away from sorting this out. >> it is midday here in london, 5:30 in london. year-longa, a investigation has revealed widespread drug abuse. it is a body blow to a sports- mad nation that has always prided itself on playing hard but fair. he australian crime commission alleges -- the australian crime commission alleges that the doping is being run by scientists, coaches, pharmacists, and is involved in organized crime. >> in a country that loves sports and hates cheats, it is the blackest day in australian sporting history. a country's crime commission and its anti-doping agency alleged that the use of -- the country's crime commission and its anti-doping agency allege that the use of drugs is being -- some athletes are using drugs not approved for human use. in some cases, entire teams have been built. doped.have been >> thou
Feb 7, 2013 9:00am EST
appreciate it. toni sacconaghi. >>> boeing 787 is back on the runway this morning for a test flight. phil lebeau has more. phil? >> show you a live picture out of fort worth, texas, a 787 dreamliner that is about to embark on a fairy flightship. not a test flight. this is a ferry flight, the faa granted a one-time waiver to boeing so that this dreamliner, down in fort worth, being painted, can be ferried back to the boeing facilities in everett, washington, where obviously, it will meet the other dreamliners, grounded until the faa lifts the grounding, at least for test flights. we show you some fresh video we just had fed in from our affiliate in seattle, look at the number of dreamliners parked outside of the assembly lines, if you will, in everett, washington. if we get that picture here shortly. you will see there are a number of dreamliners there we told you on monday that boeing has asked the faa to lift the grounding for test flights. boeing is hopeful that might be granted this week although no indication the faa will, in fact, lift that grounding. what you are seeing here is live
FOX Business
Feb 7, 2013 1:00pm EST
melissa francis. lori: good afternoon. i am lori rothman. talk about boeing coming up. melissa: a winter storm is barreling towards the northeast. grab your ski gear. president obama -- the senate considers the nomination of john brennan as cia chief. lou dobbs will give us his take. melissa: checking your e-mail after work. should that be considered over time? back to the floor of the new york stock exchange. nicole: what we are seeing right now is the dow jones industrials down about 92 points. at our lowest level we were about 13,852. the truth is a lot of the traders still look at this exceptionally strong dollar. it puts pressure not only on our equities, but also on commodities and materials and that is the environment that we are seeing right now. oil pulling back. as far as the major averages, names like caterpillar, hewlett-packard, as i noted energy, exxon is one of the biggest lakers right now. we did cross 14,000. that was our fundamental moment will the move to those highs. melissa: strongly rejecting proposals for direct talks with the united states on a host of issues incl
Feb 7, 2013 11:00am PST
the video. >> boeing 787 dreamliner makes the first test flight since being grounded. >> new this morning, iran claims they have decoded footage from a downed u.s. drone. take a look. a man identified as a member of iran's military narrated the black and white footage on iran state tv. the pentagon has not commented on the video. iran said they took down the drone in december of 2011 in northeast iran. at time u.s. officials admitted the drone was missing. president obama asked iran to return it. >> president obama says the new pick for the c.i.a. chief will face a lot of questions for the drone warm. john brennan will testify in half an hour. he is expected to be grilled about strikes targeting terrorists overseas. >> boeing 787 dreamliner has safely landed in washington in the first test flight since the fleet was grounded around the world. the jet flew from texas with a skeletal crew and landed in the past hour at boeing facility in washington state. the flight is happening as a federal safety official urges the government to revoke approval for the batteries used in the dreamliner. se
Feb 7, 2013 4:00am PST
today about boeing's 787 battery trouble. and, the oscars aim to cut the fluff as ad buys turn to gold. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's thursday, february 7th. i'm angela miles. in today's first look: a number of stocks to watch today following earnings: green mountain shares tumbled on lower guidance, yelp reported a larger-than-anticipated loss, profits at newscorp doubled, and business remains brisk at visa. yahoo and google have an ad deal. the rival internet companies reached an agreement to have google display ads on yahoo sites. the wall street journal reports american airlines and u.s. airways may announce a merger in a week or so. shares of u.s. airways flew higher. and let it snow! ski resort owners in the northeast are thrilled a foot of snow could drop by friday, making for a powder-packed weekend. mark sebastian of option pit mentoring joins us now for a closer look at the market. good morning to you. do you suspect with the strength that we have had in this market, that
Feb 7, 2013 11:30am PST
the video. >> boeing 787 dreamliner makes the first test flight since [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on for two whole years. from at&t. call to get u-verse tv starting at just $19 a month with our triple-play bundle. get the same great price for two years. plus now two times the internet speed than before. [ female announcer ] switch today and get a total home dvr included for life. [ male announcer ] you get reliable high-speed internet on our advanced digital network. choose from speeds up to 24 megs. [ female announcer ] and with u-verse tv, you can record four shows at once on your total home dvr and play them back in any room. [ male announcer ] so call now. u-verse tv starts at $19 a month with our triple-play bundle, with the same great price for two years. plus now get two times the internet speed than before. it's a triple-play bundle that's hard t
Feb 7, 2013 2:00pm EST
for spies. >> while boeing says everything is fine, thank you, what's the worst case scenario for the company and its investors? we will find out, coming up. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common si
FOX Business
Feb 7, 2013 11:00am EST
investigating the boeing dreamliner. connel: telling us a little bit later on. dagen: broadcaster, owner, driver of the daytona 500. so much more coming up. connell: anytime da dagen can tk nascar it is a good day. nicole: in the wake of the storm coming, we have the snow and the rain and the ice and the airlines are very ready for this and they know they will be flying to dozens of cities across eastern seaboard where they will have to change a lot of flights so what they're doing it seems all getting on board and having rebooking waivers. delta among many that are relaxing the rules for these cities, friday, saturday you will be committed to make a one-time change your travel schedule without any extra fees. southwest is on board with that. they don't normally have this type of precompilation anyhow, they're the ones that are pretty good like that. everybody will be able to have their winter weather waivers and be on board with that because as you have been watching the fox business network, there is a storm on the way on the east coast. while you see some of these airlines to the upside, the
Feb 8, 2013 4:30am PST
dreamliner flight until at least the end of many. all boeing 787 dreamliner remain grounded from san jose to tokyo. boeing wanted to test new flights of the troubled boeing 787 dreamliner after a successful landing in seattle yesterday. the national transportation safety board found a short circuit in a cell in the battery at thest of the problem. officials are still unable to say what caused the short circuit. any are reviewing the design of the battery. >> an unusual auction is helping raise money for the san francisco spca. two employees are getting inked for charity. they have lots of tattoos but the next are up for auction on e-bay. the winning bidder decides what the tattoo is. bidding ends today at noon and they get the tattoos tonight at an adoption festival. it will benefit the spca, the bids are $205 each. >> that is not a kaepernick tattoo but a cater nic. >> very nicely done. >> very nice. >> now, we will talk about what is happening at home by looking at showers fading through the morning. if you live south of san mateo bridge we will have the better chance of showers the nex
Feb 7, 2013 2:30pm PST
will compete in. boeing, its future is to plane at the dreamliner has been grounded. today, a safety regulators are talking about how they might let it fly again. >> the 787 is preparing for takeoff to make the flight from texas to washington state. this is the image that a boeing and its customers want to see, the dreamliner back in the air. it was a one-off and around the world, hundreds of 787's are still grounded. this is the reason why. this caught on fire. another overheated. the u.s. air safety officials have discovered a single battery cell that caused a fire in boston last month. >> based upon findings from the examination and identifying thermal and mechanical damage, we believe that the evidence points to a single cell as the initiating event. >> they believe that the approval should be rethought. >> a short circuit in a single cell can propagate to adjacent cells and results in smoke and fire. the assumption used to certify the battery must be reconsidered. >> pictures like this to not exactly inspire confidence. passengers were forced down an emergency chute over fears of a fire wh
Feb 7, 2013 5:00am PST
on ownership and who leads the carrier. a deal would create the largest airline. boeing is considering tweaking the battery design of the 787 dreamliner to reduce fire risk while they work on a permanent fix. the "wall street journal" says this could be meaning that the new flights will resume. >> the federal reserve has been hacked on a website used to stay in touch with banks during emergencies. a group claiming to responsible is. >> none miscellaneous." the fed ises nothing critical was affected. >> mixed closed yesterday, not much movement in either distribution. >> do you know where your umbrella is or patience in the north bay? that is where we find the radar returns through most of the morning commute you can see it sliding south across the bay area and mid-afternoon keeping the temperatures in the throw mid-50's and the bulk of the wet weather is to the north moving east. we will have wet weather from big sir through modesto through tahoe. headed to the south we will have 60's in los angeles and 75 in palm springs. we have a winter weather advisory in the sierra with possibly 3" of snow
Feb 8, 2013 5:00am EST
, danella. >>> positive news from boeing as they try to get the dreamliner pack in the skies. >>> a search for survivors under way after a ferry accident dumps dozens of people into the water. >>> we continue to track a winter storm as it moves through the region and up the east coas >>> bracing for historic winter storm. >>> we are keeping you ahead of a winter storm tarng the east coast this morning. you're looking live in leesburg, virginia, where the snow is falling. as such, there's a two-hour delay for leesburg county public schools and closed school districts this morning. fauquier county, warren county and culpeper county all closed. >>> new this morning, rescue crews in bangladesh are searching for missing passengers after a ferry collided with another ship sending 100 people into the water. the ferry capsized after the accident. local villagers helped to rescue people. ferry accidents are common because they're overcrowded. >>> investigating how an amtrak train fatally collided with a pedestrian. this happened around 7:00 last night on the tracks between backlick road and the bel
Feb 7, 2013 12:00pm EST
! ♪ [ howls ] ♪ >>> welcome back. shares of boeing moving higher following the ntsb press conference on dreamliner safety. >> it's been interesting watching the boeing shares spike higher and then pull back a little bit as the ntsb press conference is taking place. bottom line is this. the ntsb determined the fire started with short circuiting in one of the cells in the lithium ion battery. what they have not determined is what caused that short circuiting. that's an important determination they need to reach at some point as they move forward with the investigation. here's the ntsb chairman within the last hour. >> the voltage of the battery had unexpectedly dropped from a full charge of approximately 32 volts to approximately 28 volt. this drop is consistent with the charge voltage of a single cell. we believe that the evidence points to a single cell as the initiating event. >> as the ntsb chairman was giving her update on the investigation, a 787 dreamliner was in flight, going from ft. worth back to the boeing facility in everett, washington, just outside of seattle. this is a f
FOX Business
Feb 7, 2013 5:00pm EST
.com/melissafrancisfox or follow me on twitter @melissa a. francis. let's switch to another story, boeing's dreamliner disaster. reports that boeing is working on changes to its 737 batteries -- 787 batteries which would prevent heat and fire from spreading. they say the plane could be back in the air as early as march. boeing has not commented, but the faa did allow a dreamliner to fly for the first time today since the fleet was grounded last month. so could you be boarding a dreamliner soon, do you want to? peter bowles is former national director of the ntsb. peter, welcome back. what do you think of these latest developments? >> well, i think the ntsb announced today that they have zeroed in on one cell within the battery and that a shorter cut occurred there. they still don't know what caused the short circuit, but they're zeroing in. it's taking time, it's complex. boeing clearly has got to work on the containment of this battery. you know, there are reports that the fire breached the current containment. they're going to have of to strengthen that, they're going to have to redo that. now whether they h
FOX Business
Feb 4, 2013 1:00pm EST
. >>> coming up why the problems with boeing's dreamliner might mean big bucks for the airbus. tracy: first as we do every day at this time of day let's look how oil is trading. it is down almost 1 1/2% today, $96.38 a barrel. we'll be right back. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. it's part of what you slove about her.esng. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor
Feb 7, 2013 1:00pm EST
in about a half an hour. take a look at shares of boeing real quick, sue. this is interesting. when the ntsb began the press conference, see the spike there, people thinking perhaps the ntsb would say, we found the root cause. then they sold off when they did not. that dreamliner landing in the seattle area in about an hour. sue? >> we will show everyone the picture live when it does lap. >>> steve liesman is exclusive with one of the biggest doves, charms efians. wen't to extend our easy money policy. how much longer may surprise you. >>> plus, northeast bracing for that major snowstorm. we will have the latest track on the storm with the predictions of the snow amounts as you see right there when we come back. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile,
Feb 5, 2013 7:00pm PST
. >>> transportation officials may be getting closer to figuring out what caused a boeing 787 dreamliner to make an emergency landing in western japan last month. they say the plane's main battery shows signs of an uncontrolled chemical reaction called thermal runaway. >>> officials with the transport safety board conducted an examination of the battery. they say all eight of its lithium ion cells were damaged by extreme heat. some aluminum and copper parts had melted. lithium ion batteries contain flammable liquid that allows them to store more electricity. experts say batteries are equipped with safety devices to prevent overcharging. investigators say they'll continue to examine the battery and the plane's electrical system to determine what triggered the thermal runaway. u.s. aviation authorities ordered boeing to stop flying 787s last month. but company officials asked for permission to conduct test flights to investigate the battery problems. >>> china is taking steps to strengthen ties with the rising economies of asean. the moves are part of china's efforts to rebalance its own developme
Feb 7, 2013 7:00pm PST
of batteries used in the boeing 787. a number of agencies are looking in to a string of safety incidents. deborah hershman chairs. she said a lithium ion battery sparked a fire a month ago on a japan airlines yet in boston. >> this investigation has demonstrated that a short circuit in a single cell can propagate to adjacent cells and result in smoke and fire. >> engineers packaged eight cells together in designing the battery system for the dreamliner. hersman said they did not place them far enough apart so trouble in one of them could affect the others. she said investigators have not determined why the batteries short circuited. another battery fire forced the pilot of a dreamline tore make an emergency last month in western japan. u.s. authorities grounded all 787s. officials at boeing estimated the batteries were likely to cause smoke only once in every 10 million flight hours. >>> japanese government analysts are trying to determine why russian military planes entered japanese airspace. the russian government said the incident never happened. two russian warplanes briefly entered
Feb 7, 2013 5:30pm PST
to rethink their approval of batteries used in the boeing 787. officials from a number of agencies are looking into a string of safety incidents. debra hersman chaired the u.s. national transportation safety board. she said a lithium ion battery sparked a fire on a jet in boston. >> this investigation has demonstrated that a short circuit in a single cell can propagate to adjacent cells and result in smoke and fire. >> engineers packaged eight cells together in designing the battery system for the dreamliner. hersman said they didn't place them far enough apart so trouble in one could affect the others. they have not determined why the batteries short circuiteded. another battery fire forced the pilot of an all nipon airways pilot to make an emergency landing in japan. u.s. authorities grounded all 787s. officials at boeing said the batteries were likely to cause smoke only once in every 10 million flight hours. >>> japan's government will look at russia's intent after the air space violation by russian war plane. two russian war planes briefly entered japanese air space. officials
Feb 5, 2013 4:30am PST
regulators are revealing a battery overheating problem on another boeing 787 jet overheated in mid-january forcing an emergency landing. this was a week before the same problem caused a japan airlines 787 to catch fire in boston. the entire fleet of dreamliners is grounded now and boeing has asked the f.a.a. to permission to flight test flights while they work on a solution. >> republican senator john mccain will not support a filibuster to block the nomination of chuck hagel as secretary of defense but is a sharp critic. during confirmation hearings last week, john mccain disputed his opposition to a troop surge during the iraq war. john mccain says he does not believe a filibuster is appropriate. some inares say a filibuster may be the only way to stop hagel from becoming defense chief. >> a warning this morning to men. a study finds too much time in front of the tv could be reducing your fertility. scientists asked 189 volunteers questions about how much they exercise and how often they watch tv. men who watch more than 20 hours of tv a week are half as fertile. part of the reas
Feb 7, 2013 5:30am PST
america will do what is necessary to stand up to extremism, terrorism, chaos, and evil. >> boeing has been given the go- ahead to test fly one of its grounded dreamliner jets so engineers can can check whether it is safe. the 787 will land immediately. the safety scare has grounded all 787's worldwide until be all clear is given. airport authorities in nigeria are clearing away more than 60 planes abandoned by their owners. the operation is part of an effort to talk to improve the country's image in the eyes of travelers. now this report from lagos. >> airport authorities in nigeria call it the plane graveyard, a burial ground for aircraft abandoned by their owners. everything from small just to boeing 747's. some of these were impounded by customs after being used to smuggle illegal goods. several others are subject to court litigation and others were damaged beyond repair. their owners and disappeared. now airport authorities are looking at getting rid of them. at least 65 planes have been abandoned at airports across nigeria. dismantling and removing them from airport premises will impr
Feb 1, 2013 8:00pm PST
. >> additional corporate funding for "washington week" is provided by boeing. additional funding is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again, live in washington, moderator gwen ifill. gwen: good evening. the u.s. economy is a puzzling thing. today it added 157,000 jobs but the unemployment rate kicked up to 7.9%. also today the dow industrial average closed above 14,000 for the first time in five years, yet the government reported this week that the economy contracted in the fourth quarter of last year for the first time since 2009. so as congress agrees to delay a showdown over the debt ceiling and faces a march 1 deadline for across the board spending cuts, what to make of this darned economy, david? >> am i supposed to answer that? it is confusing. the stock market is up. employers are hiring, very slowly. the government now tells us that hey -- they hired a lot more last year than previously believed. auto seafls are up 14% from last year. housing sales are coming ba
Feb 7, 2013 6:00am EST
, squawk takes flight. we'll talk about boeing's efforts to get the dreamliner back in the air. plus, we have a possible deal we know amr and usair. we're going to talk to mike floyd next. he'll always ready to speak his mind. but first, take a look at yesterday's winners and losers. >> oh, boy, i'm rich. i'm independent. i'm secure. i'm rich. >> you stink and i don't like you. our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. >>> welcome back, everybody. good morning. welcome to sidewalk. as we can see here, and i feel like the weather girl, but u.s. equity futures are feeling slightly higher today. we have a couple of quarterly re
Feb 5, 2013 5:00am EST
:45. >>> overheating batteries forced all 787 dreamliners to be grounded. now boeing is asking the faa to let it put some of the planes back in the air. boeing formally filed a request for test flights with the faa yesterday. they say they need to see if regular flight vibrations are causing overheating. last month dreamliner in japan and one in boston were forced to land after overheating issues on the batteries. >>> ravens fans are getting an early start to their tuesday. they're braving the cold in baltimore to stakeout a great spot for the super bowl parade. the city started setting up for the parade downtown yesterday as the team was returning from new orleans. the parade will begin at city hall and end at m&t bank stadium. it's free and open to the public. you can be part of the celebration even if you can't make it to baltimore, we'll be streaming it on starting at 10:45. >>> the tweet john mccain sent out that has some accusing the arizona senator of being racist. >>> the excitement by joe flacco after the super bowl could have cbs paying the price. >>> talk about a close c
Feb 5, 2013 6:00am PST
not yet released at the suspect description. >> boeing is that the federal aviation administration to allow test flights of the 787 dream liner while investigators were to uncover the source of the aircraft battery problems. a boeing spokesperson said it is still waiting for response from the faa. a federal probe into the electable fires have ravaged all 50 boeing 787 dream liner is around the world. u.s. regulators have not yet identified the cause of fires, but the focus is on lithium ion batteries manufactured by a japanese supplier. 58 customers around the globe have ordered 848 of the $200 million debts. >> gas prices are going up. the average continues to rise nationally. jackie sissel is live in san francisco looking at some of the prices. >> unfortunately prices are going up. january was the second-highest january and recorded history as far as gas prices go. they continued to go up. the price at the chevron and san francisco is $3.95. the national average is $3.53. that is up 24¢ and the last month. that is a lot of money until you consider what we pay in california. $3.9
Feb 5, 2013 6:00am EST
and their families. >> that's great to see. >> still ahead there are new developments in the boeing 787 battery investigation just as the company wants to start test flying the dreamliner. >> 6:37, 34 degrees we gotta sell the car. where would we even start? get the car. hi howard. get in. hi, good to see you. actual written offer when selling your car, no strings attached. carmax. start here. >> the big question on a lot of people's minds, how was the weather going to be in baltimore for the ravens parade? >> good. no problems. warmer than the last couple days. upper 30's, cloudy. no complications. no complications abound here either. chief meteorologist doug hill. >> good morning. >> good morning. in quiet day, cloudy. limited sun signed later on today. if you're looking for snowfall, you'll not find it locally. just salt on the roads. 41 degrees in southern maryland and in fredericksburg. the satellite and radar shows mostly cloudy conditions over the mid-atlantic states. a clipper moving to the north megabus snow flurries tonight. we will see a lot of clouds today with maybe a few sunny
Feb 7, 2013 5:00pm EST
, some of the wifi. >> got to break in here. i want to go to phil lebeau. braexi breaking news on boeing. phil? >> melissa, as many expected, the faa is lifting the grounding of 787 dreamliners for test flights. this is for test flights only. this is not a complete lifting of the grounding that the faa put in place three weeks ago. there are restrictions and conditions that will go along with the test flights. many of those are what you would expect in terms of the personnel that can be on board. they have to make specific checks of the batteries, the cables that hook up to the battery, they have to monitor the battery during the flight. but this is an important development because boeing believes the next step towards resolving the situation with regard to these lithium ion batteries is testing them out in flight. and testing out possible solutions as they work towards those solutions in flight. so, again, the federal aviation administration has lifted the grounding of boeing 787 dreamliner, but again, it is for test flights only. this does not change the grounding when it comes to drea
FOX News
Feb 7, 2013 8:00am PST
officials are saying about the batteries at the boein center of the boeing inve bayh, bayh blue angels, what could eliminate the elite squadron and what is already having an impact on america's tkefpbls. >> this will badly damage our national defense and to be able to respond to crises in a dangerous world. my insurance rates e probably gonna double. but, dad, you've got... [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid. [ voice of dennis ] indeed. are you in good hands? jenna: it's not even march 1st yet -rblgs but right now some looming automatic budget cuts are set to kick in three weeks from tomorrow already having an impact on the nation's defense. we have it coming up on march 1st but adjustments need to be made before then to fit what we expect to see on march 1st which is the sequestration happen official leave. the pentagon is reducing from 2 to 1 the number of aircraft carriers in the hottest part of the world, really, the top global hot spot, the persian gulf. the world's most strategic shipping
Feb 5, 2013 9:00am EST
on boeing, just to switch gears briefly, jim. asking the faa for permission to do some test flights even as the journal says regulators are stumped. their word, stumped. >> the condition of boeing right here tells me, do not leave all the negatives. i am a huge believer in boeing. the stock tells me in part that it's a winner. mcinernie is a winner. i think they'll solve this problem. i really do. i think this is maybe the greatest engineering company -- i know there was some disgruntled engineers that jim cramer on twitter said, jim, we're pressured, we're pressured. the boeing i know is safety first, always has been, and that's why it's the greatest manufacturer on earth. >> macy's, target, bed, bath & beyond, they want more exposure to the retailers to the recovering housing market. these are the ones to play. macy's seeing the biggest pop of the three so far, up by 1.8%. >> we've got some downgrades on home builders. but not downgrades on product that goes into homes. i come back to, this is a sweet spot. it's interesting, there's a note in the jcpenney piece today which says martha
Feb 7, 2013 2:00am PST
. that's a lot of snow being dumped there. >> taking off in a matter of hours, boeing's troubled dreamliner jumbo jet. don't expect to see passengers on board. >>> this is just another hack who wants fooef minutes on tsiv. >> chris christie unloads only the former white house doctor that says the governor is so heavy he could die in office. that controversy getting louder and louder and louder. welcome back to "early start". >> it's 31 minutes past the hour. we begin with a potentially epic winter storm that could dump more than two feet of snow on parts of new england starting tomorrow. so right now there's a blizzard watch in effect for sections of rhode island and massachusetts, and plenty of freezing rain and damaging winds forecast for the rest of the northeast as well. boy, this sounds terrible. let's go right to the cnn weather center in atlanta. how big will this one be? >> potentially one to two feet. some models bringing it higher than that. a lot of snow is headed to new england, but i want to point out why. look at the showers building in the south currently. we'll wa
Feb 4, 2013 4:00am EST
with boeing, and a u.s. probe over fires on the boeing dreamliner is reportedly set to meet with a french group. we've gone from looking at u.s. supply issues, maybe japanese batterymakers now to this french company. wa can you tell us? >> we knew french companies were part of this dreamliner, the 787. it's a plane that contains the greatest parts of units made by a french company. in france, sellis is the manufacturer of the cables to the battery that's caught fire. the u.s. transport and safety board is going to send an investigation team to france to study this electrical cable made by thales. it's part of a wider investigation that has led to all 787 aircraft being grounded by the aviation authorities. meanwhile, in the same sector, the nomination committee this weekend shortly for the french representatives at eads, you know, that part of the new tractor, it will be 12 at the board. four of them will be for french representatives. according to the mission table, the former chairman of the bnp paribas and the former president of sellis have been suggested by the elimination committee.
Feb 8, 2013 7:00am PST
voters are concerned about right now. >> boeing is planning to start test flights as soon for the 787 dream liners. the company says that this will allow it to look at the in-flight performance of their planes and batteries. the faa grounded the dream liner fleet last month because of issues with this lithium ion battery malfunctions. boeing says it is working round-the-clock to fix the problem so that their planes can get back in the air. >> the ntsb is looking at expanded a small recall of pontiac and gmc 6 midsize cars so it includes up to 550,000 vehicles. general motors recall about 8000 cars in 2009 because the bright lights and cruise control did not work properly. the recall affected only cars made in january of 2005. now the federal agency says it is studying whether cars from 2005 through 2009 models years should also be added to the recall. no crashes or injuries have been reported from the problem. >> we will be right back. [ m [ale announcer ] when heit comes to the financianal obstacles milimitary families face, w e understand. ou r financial advice is igeared specifica
Feb 5, 2013 5:00am PST
of the boeing 787 dreamliner, to use the flights to gather information on the troubled battery. the safety regulators are reviewing a battery overheating problem on another boeing 787. inspectors say the battery on an japan 787 overheated in mid-january forcing an emergency landing. investigators say the same problem caused the batteries on a japan airlines 787 parked in boston, to cap fire -- catch fire. the entire fleet of broke both -- need of boeing 787 dreamliner is grounded. >> guys, too much time in front the tv can reduce your per filth of the scientists at harvard asked 189 volunteers questions of how much they exercise or watch tv. men that watched more than 20 hours a watch were more hand half as fertile because they, possiblies fend to be less active. volunteer would worked out 15 hours or more a week had a higher sperm count. the authors say more research is needed. >> while your fuel efficient car does not mean saving at the pump. >> stolen puppy. the reward now being offered for the safe return of this san francisco pup. >> coming up at 6:00, a chocolate taste test. the best
Feb 5, 2013 6:00am PST
the college. >> now the boeing 787 dreamliner problems with boeing asking the f.a.a. to resume test flights of the boeing 787 dreamliner which is grounds over the battery fire and other problems continue. >> the markets are regaining some of what was lost yesterday. it will be a roller coaster the past few trading sessions but we are positive and bloomberg silicon valley index is higher. mountain view based lincoln resulting results after the bell and we will see if the networking site can beat expectations. again. >> and a new ipad with beefed up memory, beating off amazon and samsung and maintain an advantage with droid at their heels. and ihop is offering a deal on pancakes from this morning until 10:00 tonight but i hop is asking guests to volunteer to the miracle network hospitals. >> have a great day. >> there will be lines at inhot. just cut to the front because it is national weather caster day. >> that is a good day but i wouldn't do it. they will deliver it to me. >> doesn't hurt to ask. >> my hero paveed -- paveed the way from "anchor man." >> enough about me. now, you and the we
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